FINANCIAL
ACCOUNTING &
REPORTING Course

WHO IS FINANCIAL ACCOUNTING & REPORTING FOR?

With the rapid developments in accounting standards, regulations, and industry practices, individuals need continuous training in order to keep abreast. They also need to improve the quality of financial reporting by recording, reporting and disclosing regular and unusual business transactions. ‘Financial Accounting and Reporting’ is a course prepared and facilitated by professionals who not only master the theoretical facts of academia but who also have a solid and practical global experience.

WHAT WILL I LEARN?

Financial Statements and business decisions

  • The financial accounting cycle
  • Four or five key financial statements
  • Management uses of financial statements
  • Relationship among financial statements
  • Essential notes and disclosures to the financial statements

Income Statement

  • Revenue and expense recognition
  • Matching principle between revenues and expenses
  • Other comprehensive income components
  • Earnings per share reporting

Balance sheet and statement of owners' equity

  • Minimum presentation requirements of balance sheet accounts
  • Definitions of accounts in the balance sheet
  • Correct presentation for statement of owners' equity

Cash Flow Statement

  • Exploring the three sections of a cash flow statements
  • Direct versus indirect method of cash flow statement preparation
  • Linking cash flow statements to notes

Accounting adjustments

  • Accruals and unearned revenues
  • Prepayments and deferrals
  • Accounting estimates

Financial reporting for major accounts and transactions

  • Measuring and reporting accounts receivable
  • Estimating and accounting for bad debts
  • Costs to be capitalized in inventory value
  • Inventory cost flow assumptions
  • Presenting inventory at lower of cost or net realizable value
  • Depreciation and amortization
  • The financial accounting cycle
  • Four or five key financial statements
  • Management uses of financial statements
  • Relationship among financial statements
  • Essential notes and disclosures to the financial statements
  • Revenue and expense recognition
  • Matching principle between revenues and expenses
  • Other comprehensive income components
  • Earnings per share reporting
  • Minimum presentation requirements of balance sheet accounts
  • Definitions of accounts in the balance sheet
  • Correct presentation for statement of owners’ equity
  • Exploring the three sections of a cash flow statements
  • Direct versus indirect method of cash flow statement preparation
  • Linking cash flow statements to notes
  • Accruals and unearned revenues
  • Prepayments and deferrals
  • Accounting estimates
  • Measuring and reporting accounts receivable
  • Estimating and accounting for bad debts
  • Costs to be capitalized in inventory value
  • Inventory cost flow assumptions
  • Presenting inventory at lower of cost or net realizable value
  • Depreciation and amortization

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    I really enjoyed the training and felt so comfortable during that period.  The instructor’s style was very effective by explaining every subject and giving examples for each one. I really recommend my friends to come and participate in courses here
    • Zana Namiq
    • NADIA Training Alumni
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    Today I completed online Personality Development training conducted by Mr Tinu Thomas. The sessions were very informative, inspiring and interesting. He gave real life like examples which helped me understand the concepts clearly. My confidence level improved and I hope this course would help me pursue my future career in a better way. Thank you so much, Tinu.
    • GS Meera
    • NADIA Training Alumni
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    I just completed my training at Nadia with the trainer (Tinu Thomas). Tinu made the classes so interesting and he gave attention to each student. Classes were very informative. I will definitely recommend to my friends. 🙂 Mariska was so helpful throughout the course for any assistance. Thank you so much to team Nadia!
    • Sherin Kabeer
    • NADIA Training Alumni
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    I did my PHRM training with Mr. Tinu from Nadia and it was a fruitful learning experience for me. Mr. Tinu is a great trainer and he gives attention to each student in his class. He always ensures that each student understand every concept. I'm so glad that I chose Nadia and had the chance to learn from the best. Looking forward to do more professional trainings with Mr. Tinu.. Thank you Mr. Tinu and Nadia !!
    • Hashini K
    • NADIA Training Alumni

Frequently Asked Questions

NADIA Training Institute has been the benchmark for professional training in the Gulf market for more than 38 years. We have built thousands of careers and developed skill sets with our world-class training courses. Whether you want to enhance your job prospects or increase your productivity at work, you will find suitable courses at NADIA.

Yes, we do offer weekend and weekday classes based on students requirements. This may be planned with our learning consultants at the time of course registration.

Upon completion of any training program, while we cannot guarantee employment, we can connect you to recruiters and job vacancies from within our network.

NADIA Training Institute supports several different payment methods including cost-free instalment payment plans. Find out more by speaking to one of our learning consultants.

For partnership and business development inquiries, please contact us at training@nadia-training.com.

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